Member Info for BlueWiley

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Welcome Friends ...

🔥Stoneburner explained that the Beetaloo Basin is “the largest, scalable, drill ready basin in the world to develop a large scale shale gas resource,” covering around 5 million acres.

So what’s Tamboran worth and what position in the top 20 … in 6 months, 12 months, 24 months, 36 months…

1. Exxon Mobil (XOM) – $486.9 B

2. Chevron (CVX) – $310.3 B

3. ConocoPhillips (COP) – $118 B

4. EOG Resources (EOG) – $60.7 B

5. Diamondback Energy (FANG) – $43.2 B

6. Occidental Petroleum (OXY) – $44.8 B

7. EQT Corporation (EQT) – $35.7 B

8. Expand Energy (EXE = Chesapeake + Southwestern) – $25.6 B

9. Devon Energy (DVN) – $22.2 B

10. Coterra Energy (CTRA) – $18.2 B

11. Ovintiv (OVV) – $10.2 B

12. Antero Resources (AR) – $10.3 B

13. National Fuel Gas (NFG) – $8.3 B

14. Range Resources (RRC) – $9.2 B

15. Comstock Resources (CRK) – $6.3 B

16. Matador Resources (MTDR) – $5.6 B

17. CNX Resources (CNX) – $4.7 B

18. Civitas Resources (CIVI) – $3.2 B

19. Gulfport Energy (GPOR) – $3.0 B

20. SM Energy (SM) – $2.9 B

Chilli - Tamboran would only need to reach a market cap of $2.2bn to hit your magic €1m value.. then hit $4.4bn to hit €2m…

Beetaloo is looking like biggest shale play globally … a target of $10bn c2028 sounds cheap don’t it?

He sold 0.6% and now is at c9.9% avoiding related party rules that would be cumbersome with regards the takeover

RudeALot.. ShamALot , NobAlot

Spot on Wet!

Same as yesterday after hours… someone is loading up

Guys , complaining about POQ and the directors and the merits of the deal and if we have been stiffed is like shouting at the moon.

The deal is done and we are now all Tamboran shareholders at a discount.. buy more .. Tamboran is up again today ... 🚀

I bought a chunk today .. I will buy another chunk tomorrow

As I mentioned yesterday - if the majors see this as a steal then they will show their face! Fingers crossed

🔥 Tamboran up 22% overnight. Volume in the US 20x the normal. Mostly when a share swap deal is announced the buyer SP falls. Falcon is trading at a c25% discount to the agreed deal. The farm down deal is closer and less complicated, Tamboran is fully funded, the pipeline is being built and gas sales start in 8 months…. I’m buying more today

This is going to get interesting over the coming months… if Tamboran SP does continue to move north then we will see plenty of trade and RNS 8.5 actions..

POQ was always going to have a great outcome from a deal with Tamboran… in my opinion he has done a reasonable job to get us to this point with v little cash. Tamboran is now the only horse in town with no longer a falcon on its shoulders muddying conversations with potential farmeees. If the market believes Falcon has been sold too cheap a bid will come.

On a positive note Tamboran is 24% up pre market so we are all a bit richer already…

Merloid

My take, for what it’s worth:

Falcon had no cash and was always vulnerable to an outcome like this. However, it does effectively hoist the “For Sale” sign high and proud for all to see.

Let’s say an offer of 25p per share was made — would we be happy with it? Maybe, maybe not as we wouldn’t see any further upside. But this way, we still have the potential for a serious multi-bagger!

The big boys are now in charge at Tamboran, and I don’t think they’ve put a foot wrong since taking control in August. Yes, they’ve got Falcon on great terms, but as we’re all potential shareholders in Tamboran, let’s hope they can deliver. Personally, I think they will.

💯

... due to the farm down partner being announced sooner rather than later

As I do ... this is a good deal and I wouldn't be surprised if we hit 20p before the deal is done..

This has completely de-risked our investments. No more worries on dilution. Tamboran has the potential to be a $1bn company in the short term and $20bn in the next 5yrs..

We will see a lot of buys now ..